ectbit (OP)
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April 25, 2020, 07:24:19 PM Merited by Symmetrick (1) |
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What is the best strategy if you want to have up to 1% profit daily?
When i say best i mean the safest, with almost no risk at all.
I have tried different types of scalping strategies for more than six months, but the results are more or less the same. Sometimes you have profit, some others you reach stop loss. So scalping is not the one i ask.
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tvplus006
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To the moon
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April 25, 2020, 08:39:14 PM |
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What is the best strategy if you want to have up to 1% profit daily? When i say best i mean the safest, with almost no risk at all.
There is no safe way to make a profit in cryptocurrency, because cryptocurrency is highly volatile.You can make it safer to make a profit only thanks to your knowledge, which is usually not available for beginners. You need to study trading on the stock exchange, this is the only way to earn such a profit that you write about.
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gentlemand
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April 25, 2020, 08:54:29 PM |
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If there was such a thing millions of people would be all over it in seconds. Nothing is that simple. Profit of that level does not arrive without a massive level of risk. Apply it to conventional finance. In most places you're lucky to get 1% a year risk free these days.
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ectbit (OP)
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April 25, 2020, 09:11:09 PM |
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If there was such a thing millions of people would be all over it in seconds. Nothing is that simple. Profit of that level does not arrive without a massive level of risk. Apply it to conventional finance. In most places you're lucky to get 1% a year risk free these days.
I understand that risk free for a 0.5% daily is not that simple, but i was wondering what was the best strategy for this. Anyway, 1% per year is something common if you have your money in a bank account. The last years i had a bank account with 0.16% monthly, but you only could have 5.000 euros max.
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hugeblack
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April 25, 2020, 10:36:05 PM |
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Safety against risks The more safety, the lower the return, so you will not find a person who pays 1% with all of this safety. You can achieve this amount, but you need to learn. In order to learn, I must search, ask questions, take advantage of mistakes, and not be afraid of losing. I noticed a great fear in your participation and therefore you will not achieve this number, follow the instructions above, stop greed and you will be fine.
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Kelvinid
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win lambo...
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April 25, 2020, 10:50:55 PM |
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I have tried different types of scalping strategies for more than six months, but the results are more or less the same.
Definitely it was. It is no different from the other strategy. Gain, lose...we all live that thing in trading. That is why trading is risking because those particular things will surely be happening to you and we can't escape from it even we are already an expert. You'll be lucky enough if you can make 0.5% daily profit, you'll probably do at your best. because in this volatile market, expect the price that moves differently and you can predict the market perfectly that could make you profitable.
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ScamViruS
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April 25, 2020, 10:59:37 PM |
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What is the best strategy if you want to have up to 1% profit daily? When i say best i mean the safest, with almost no risk at all.I have tried different types of scalping strategies for more than six months, but the results are more or less the same. Sometimes you have profit, some others you reach stop loss. So scalping is not the one i ask.
The cryptocurrency market is volatile, this kind of strategy will not work here. This kind of strategy will not work if you do not have good trading knowledge. Yeah I know, risk management is important for trading. But if you can't do market analysis properly, your stoploss will hit every time. Then your chances of losing funds will increase. If you do not have trading knowledge then you can try something else. This is my personal opinion
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samcrypto
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Vave.com - Crypto Casino
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April 25, 2020, 11:29:38 PM |
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Daily trade is not safe and you might missed the chance of selling your coin at a higher price because of volatility. You want to earn everyday then you must be prepared everyday and you should also know how to trade so you can earn the money that you want. Its possible to earn profit like that, but it will depend on your skills.
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cytpoway121
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April 25, 2020, 11:54:01 PM |
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What is the best strategy if you want to have up to 1% profit daily?
When i say best i mean the safest, with almost no risk at all.
I have tried different types of scalping strategies for more than six months, but the results are more or less the same. Sometimes you have profit, some others you reach stop loss. So scalping is not the one i ask.
I believe if you can master how to read trade charts, candles and also technical analysis, you should be able to make 0.5-1% profit trades in hours. But you need to understand that it is likewise risky, and you need to be sure of your research analysis before trading.
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crwth
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April 26, 2020, 12:00:02 AM |
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There will be some days that you could reach that level and if you are lucky, even more. I think the required thing to understand in trading that it's always going to be a prediction at hand and not a sure thing. Imagine trading every, and one day it would go against your trade, and that would result in a loss, right? The best thing to do to have that kind of strategy is to trade 24/7, just like what I use in Gunbot. It's made to trade continuously with your set conditions and allows you to have that percentage you are looking for. It's not magic, but it could be possible if you have the right settings and circumstances.
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Pamadar
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April 26, 2020, 01:17:12 AM |
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There's no accurate strategy that can produce that kind of result, the volatile nature of crypto market are always affecting the outcome of your daily trades. If there's such strategy for sure everyone will use it, maybe it's next to impossible if we are talking about daily results as even that small percentage of profits can be burned once the market fluctuates and didn't favor your position.
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joniboini
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April 26, 2020, 07:04:28 AM |
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Scalping is the only thing that you can do. Find a coin that has a solid pattern (at least for a few days) and place a buy or sell order based on those. If you're lucky you might get more but considering that most exchanges take ~0.2% fees or so, I think you'd need to count it in.
1% is really small and volatility is really high in crypto, you'd need to be extremely careful about your trade. Don't use exchanges with low volumes. Other than that, if you don't have a lot of money, this trade might be so exhausting as you might only see a few cents profits of your trade and need to do it continously.
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Sadlife
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April 26, 2020, 08:10:07 AM |
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In my opinion diversifying one's portfolio is probably a way that you could earn 0.5 - 1% daily or investing in platforms like investbox in Yobit exchange, i haven't tried it but you can earn 2-3% there daily. As for diversifying portfolio you need a good capital so you can choose some altcoins that can rise even if BTC is in a downtrend.
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BitcoinTurk
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April 26, 2020, 09:39:39 AM |
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What is the best strategy if you want to have up to 1% profit daily?
When i say best i mean the safest, with almost no risk at all.
I have tried different types of scalping strategies for more than six months, but the results are more or less the same. Sometimes you have profit, some others you reach stop loss. So scalping is not the one i ask.
There is absolutely no precise and completely safe method to make money every day or make a profit every day. If you want to make money constantly, you should take risks and follow the market developments very carefully every day. By analyzing correctly, you can trade and earn money every day to suit your goal. Of course, as a result of a good analysis, continuity profit margin can be obtained, but one thing to remember is that you will not be able to make money every day. For this reason, you should not make ambition on the days you suffer and continue your transactions the next day. In summary, you can trade with the right analysis and get the opportunity to earn your goal every day(!). In short, my answer is trading.
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ectbit (OP)
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April 26, 2020, 10:28:59 AM |
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Scalping is the only thing that you can do. Find a coin that has a solid pattern (at least for a few days) and place a buy or sell order based on those. If you're lucky you might get more but considering that most exchanges take ~0.2% fees or so, I think you'd need to count it in.
1% is really small and volatility is really high in crypto, you'd need to be extremely careful about your trade. Don't use exchanges with low volumes. Other than that, if you don't have a lot of money, this trade might be so exhausting as you might only see a few cents profits of your trade and need to do it continously.
My whole budget was around 1.500 euros and i was trying to take a very small percent in every trade. I was "experimenting" with different methods and my usual trade was 500 euros each time. I was trying to find an easy way for 1% profit for each trade but i don't think i found a concrete strategy. My stop loss was at 2% After months of "experiments" the only thing i found is that a profit up to 0.15% - 0.20% for every trade is really easy, but above 0.20% the situations gets more difficult. Anyway, there is no point for a 0.20% profit because the broker's fee will take it. That's why i wondering if there is a better way than scalping to reach a small profit every day. For example staking or another very low risk placement.
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coinfinger
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April 27, 2020, 07:55:08 AM |
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This has been talked a lot in the past but there is no strategy available to make that kind of return daily, sure there are methods that could do it time to time but not all the time and that is the trouble. You could make 1% profit for 20 days straight but then the price of bitcoin could drop 30%, and may not recover for a long long time.
Hence there is really no way to make that kind of money in the end, however there are less risky methods and I doubt anyone in the history of bitcoin has made that kind of return. Remember when you make that kind of return, you are doubling all the time in every set amount of days, you would basically be wealthy beyond measure in couple years, you would get all the money in the world. Hence why it is impossible.
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devlin85
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April 27, 2020, 09:10:44 AM |
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What is the best strategy if you want to have up to 1% profit daily?
When i say best i mean the safest, with almost no risk at all.
I have tried different types of scalping strategies for more than six months, but the results are more or less the same. Sometimes you have profit, some others you reach stop loss. So scalping is not the one i ask.
Trading is the best way to earn 0.5 -1% daily but you have to be a discipline trader. You can also divert your portfolio like for scalping, long term holding and you can also invest in gold and other stable stocks too. I daily earn around 1% of my portfolio and invest them into the mutual funds and other stable stocks. It helps me to increase my portfolio. I hope this strategy will also work for you.
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DarkDays
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April 27, 2020, 10:04:01 AM |
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No, there are no safe strategies for even 0.5% daily.
That's around 180% profit per year... If there was an easy way to do it, people wouldn't be content with the 5-10% per annum they make investing in hedge funds which are managed by some of the best market experts out there.
even these hedge funds, which are moving tens of billions of dollars sometimes, can't achieve more than 20% per year regularly.
What makes you think some random fool on Bitcointalk is going to have the recipe to multiply that by 9x? Come on now.
Set your expectations lower. 10-20% per year on your principal is a good result.
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maydna
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April 27, 2020, 10:19:31 AM |
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My whole budget was around 1.500 euros and i was trying to take a very small percent in every trade. I was "experimenting" with different methods and my usual trade was 500 euros each time. I was trying to find an easy way for 1% profit for each trade but i don't think i found a concrete strategy. My stop loss was at 2% After months of "experiments" the only thing i found is that a profit up to 0.15% - 0.20% for every trade is really easy, but above 0.20% the situations gets more difficult. Anyway, there is no point for a 0.20% profit because the broker's fee will take it.
That's why i wondering if there is a better way than scalping to reach a small profit every day. For example staking or another very low risk placement.
I am not sure if there is a good strategy for making 0.5% - 1% daily because I guess that you need to have a different strategy always to get that profit. The market movement itself will be adjusted every day, and that will not be the same, so you need to analyze and modify the strategy. If you use 1.500 euros, and you use 500 euro, I think you need to make a profit of 5 euro in every trade which is not too high for the profit. But yes, perhaps, you can try scalping trade, but you need to have skills to analyze the market because the price will move fast. You can try to make a profit of up to 0.15% - 0.20% for every trade because that will be easy for you. Don't chase more profit if the situations are not good because that can make you get lost.
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cafetools
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April 27, 2020, 10:20:33 AM |
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Gunbot, it works, it trades 24/7. Unless you devote 1000s of hours into learning trading then its not possible to win imho. Buy a bot.
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Hoddle long BTC (the mother) and a few others!
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